Plan Ledger DOL Form 5500 · updated monthly

Novant Health, Incbenefits

Novant Health Severance Plan · WINSTON SALEM, NC · plan year 2024

Broker compensation reported · 2024
$929,113

Novant Health, Inc's benefits plans covered 35,719 active participants in 2024. Insurance brokers and agents were paid $929,113 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $26 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 42% from $1,593,676 in 2023.

Insurance contracts · 20246
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 140 covered
VISION SERVICE PLAN · visionpremiums n/a · 25,979 covered
METLIFE LEGAL PLANSpremiums n/a · 5,191 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 323 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 11,055 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 27,236 covered
Brokers & agents paid · 20247
GALLAGHER BENEFIT SERVICES, INC.$710,962 · incl $14,006 fees
AON CONSULTING, INC.$172,269 · incl $101,837 fees
AON RISK SERVICES CENTRAL, INC.$37,215 · incl $37,215 fees
AON CONSULTING INC.$5,657 · incl $5,657 fees
RONALD K. WARDEN$1,247
DERRICK LEE DAVIS$1,247
3 individual agents · names withheld$516

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561376950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.